Special Drawing Rights are a reserve asset created by the International Monetary Fund that can be used to settle international payments. loans granted by the International Monetary Fund to countries that experience balance of payments problems. the term given for official reserves taken as a whole. financial assets held by the U.S. Treasury Department.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Special Drawing Rights are

  1. a reserve asset created by the International Monetary Fund that can be used to settle international payments.
  2. loans granted by the International Monetary Fund to countries that experience balance of payments problems.
  3. the term given for official reserves taken as a whole.
  4. financial assets held by the U.S. Treasury Department.
Expert Solution
Step 1

The special drawing right is a type of international reserve that is created by the international monetary fund that can be used to settle the international payments. The amount of special drawing rights has been created by the weights of the major currency.

It is not the financial assets held by the U.S. Treasury department. It is also not the term that is given for official reserve taken as a whole.  

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